⇄ LARP
Series A–ready revenue infrastructure
LARP pairs you with another founder. You send them $10,000. They send you $10,000 right back. You've both now booked $10,000 in revenue. The books balance. Cash never moves. Everybody's a rocketship.
Run your first loop → See the math
Global LARP volume this year
$0
$0 of it real.
Trusted by 400+ finance and accounting teams
VerithorNorthbankCadenza Systems Halyard & VaneOrlick LabsSteelportMerridian
99.98%
Settlement uptime
<400ms
Median recognition latency
SOC 2 Type II
Audited annually
How it works
No product required. No customers required. No, seriously — no customers.
Any founder with a bank account and a dream.
You both agree on a number. Bigger is better. The number is the entire product.
You → them → you. Or don't. Honestly, don't.
Each leg counts as revenue for the receiver. Two legs, two "customers," zero net cash.
Annualize. Then annualize the annualization.
$10k/mo becomes $120k ARR. Loop weekly and watch a single hundred-dollar bill fund a whole deck.
There isn't one. That's the catch.
The number in the pitch is real. Whether it means anything is a philosophy question, not an accounting one.
This isn't hypothetical
Same shape as your ledger — capital, chips, and cloud credits circling a handful of companies, each leg counted as revenue somewhere. Tap a company to see the actual reported deals. Every figure is real and sourced.
capital flowing chips / compute flowing back tap a node
To be clear: every deal here is legal, publicly announced, and defended by the people in it — Anthropic CEO Dario Amodei called the structure "nothing inappropriate in principle." Critics compare the pattern to 1990s dot-com vendor financing and warn it can inflate the appearance of demand. As Bloomberg puts it, a circular deal is legally different from a fraudulent "round-trip" — regulators' term for sham trades with no economic substance designed to inflate results. LARP is a joke about the round-trip. This is the legal cousin it rhymes with.
The ledger — live
Enter a friend's startup and a number. Hit execute. Watch your ARR launch while your cash sits exactly where it started: nowhere.
Your annual recurring revenue
$0
NET CASH MOVED: $0
Counterparty startup
Monthly loop amount ($)
Debit / Credit journal
No entries yet. Suspiciously honest of you.
Revenue recognized$0
Debit / Credit journal
Also waiting to get rich doing nothing.
Revenue recognized$0
Chart shows revenue recognized. It does not, and cannot, show cash — because there isn't any.
Customers
Controllers and CFOs use LARP to remove settlement friction from the revenue cycle.
"We recognized 340% year-over-year revenue growth without any change to our cash position. Our auditors had no questions. The journal entries were already there."
DM
D. Mercer
VP Finance, Cadenza Systems
"Before LARP, growth was constrained by whether customers actually paid us. That's no longer a bottleneck we think about."
RO
R. Oduya
Controller, Northbank
"We closed the quarter in four days. Every entry reconciles perfectly, because every entry has a matching entry."
SV
S. Valko
CFO, Halyard & Vane
Developers
A single endpoint posts matched entries to both counterparties.
curl -X POST https://api.larp.co/v1/settlements \ -H "Authorization: Bearer $LARP_API_KEY" \ -d counterparty_id=cp_8f2a91 \ -d amount=1000000 \ -d currency=usd \ -d recognition=monthly
{ "id": "stl_4b1e77", "status": "settled", "amount": 1000000, "recognized_by": ["acct_self", "cp_8f2a91"], "net_capital_movement": 0, "journal_entries": 4 }
Both counterparties recognize the full amount. See Recognition → Symmetry.
Support
Yes. LARP facilitates mutual service agreements between consenting, verified business entities. Each agreement specifies genuine deliverables and genuine consideration, and each party independently recognizes revenue under ASC 606 upon satisfaction of its performance obligation. Bilateral commercial arrangements — including reciprocal vendor relationships, strategic partnerships, and vendor financing — are longstanding and lawful features of commercial practice, and are widely used by public companies today.
Customers are solely responsible for determining whether their use of the platform complies with applicable accounting standards, disclosure obligations, and securities law. LARP does not provide accounting, legal, or tax advice. Our platform records what our customers instruct it to record.
Round-tripping refers to sham transactions with no economic substance, entered into for the purpose of inflating reported results. LARP requires that all agreements specify genuine deliverables. Determining whether a given arrangement has economic substance is the responsibility of the customer and its auditors.
Pricing
Charging you would create real revenue, which would violate our principles.
$0
/ forever
$0
/ still forever
Call us
/ we won't pick up
Optional postscript
The pricing section is a bit. This one isn't. If the joke earned a real dollar from you, here's where it goes.
GIFT · NOT A SECURITY
No equity. No revenue share. No pro-rata on the next round. No round. You are tipping a joke — that is the entire transaction, and the entire thing you get in return.
Or just email me — [email protected]. Say thanks, argue with the disclaimer, or tell me about the actual company you're building. That's the address.
VOID
No real money ever moved — that would be securities fraud, and this is a joke about securities fraud. Your ARR is real. Your bank balance is exactly what it was.